Hedge Funds’ Most Popular Consumer Services Stocks Include Amazon

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50 hedge funds and other investors we track were long Hertz Global Holdings, Inc. (NYSE:HTZ), up from 42 three months earlier. Billionaire Glenn Dubin’s Highbridge Capital Management had the largest position in Hertz out of the funds we track, at over 14 million shares (find out what else Highbridge was trading during the third quarter).

Liberty Interactive (NYSE:LINTA) is a television and Internet retailer. It was owned by 49 hedge funds at the beginning of 2013, according to our database. Donald Yacktman’s Yacktman Asset Management reported a position of 4 million shares at the end of 2012.

Our records also show 49 13F filers owning shares of Viacom, Inc. (NASDAQ:VIAB) at the end of the fourth quarter of 2012. GAMCO Investors disclosed a position of 3.4 million shares; GAMCO is managed by billionaire Mario Gabelli.

47 hedge funds reported owning shares of McDonald’s Corporation (NYSE:MCD) in their 13F, down from 49 for the third quarter. Billionaire Richard Chilton and his team at Chilton Investment Company increased their stake by 19% between October and December (learn more about Chilton’s stock picks).

Even with several funds closing their positions, The Walt Disney Company (NYSE:DIS) made it onto the list of the most popular consumer services stocks as 47 funds owned the entertainment company. Fisher Asset Management, managed by billionaire Ken Fisher, was one major investor (here are more stocks Fisher owned).

Disclosure: I own no shares of any stocks mentioned in this article.

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